NV Weekly Market Update

August 25, 2009

What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes and Condos for the East Shore.  The reason that I use this segment of the market is that it has the most influence on the general value trends.

The Market Activity Ratio has dropped this past week from 13.9% to 12.5%.  This is the relationship between the Active Listings and the Pending sales which is up by 2 and down by 2 respectively.  The number of completed transactions or Sales has been zero this past week and the YTD remains at 56 total.  The Median Sales Price remains at $512,500, Average Sales Price at $806,640 and Average Days On Market at 172.  The market remains slow but consistent. 

Status Class Type Price Range No. of Listings Dollar Volume Average Price Median Price Average DOM
                 
ACTIVE                
  RESIDENTIAL              
    Residential            
      $280,000 – $284,999 1 $284,900 $284,900 $284,900 11
      $315,000 – $319,999 1 $319,000 $319,000 $319,000 48
      $335,000 – $339,999 1 $339,900 $339,900 $339,900 6
      $375,000 – $379,999 1 $379,900 $379,900 $379,900 308
      $385,000 – $389,999 1 $385,000 $385,000 $385,000 42
      $395,000 – $399,999 1 $399,000 $399,000 $399,000 139
      $400,000 – $404,999 1 $400,000 $400,000 $400,000 40
      $425,000 – $429,999 1 $429,000 $429,000 $429,000 26
      $480,000 – $484,999 1 $484,000 $484,000 $484,000 262
      $495,000 – $499,999 2 $998,500 $499,250 $499,250 31
      $505,000 – $509,999 1 $508,000 $508,000 $508,000 51
      $535,000 – $539,999 1 $539,000 $539,000 $539,000 181
      $540,000 – $544,999 1 $540,000 $540,000 $540,000 36
      $545,000 – $549,999 1 $549,000 $549,000 $549,000 330
      $550,000 – $554,999 1 $550,000 $550,000 $550,000 34
      $555,000 – $559,999 1 $557,000 $557,000 $557,000 219
      $570,000 – $574,999 1 $574,000 $574,000 $574,000 156
      $575,000 – $579,999 1 $579,000 $579,000 $579,000 297
      $590,000 – $594,999 1 $594,000 $594,000 $594,000 102
      $595,000 – $599,999 1 $599,000 $599,000 $599,000 372
      $625,000 – $629,999 1 $629,000 $629,000 $629,000 207
      $635,000 – $639,999 1 $639,000 $639,000 $639,000 62
      $645,000 – $649,999 2 $1,290,000 $645,000 $645,000 407
      $685,000 – $689,999 1 $689,500 $689,500 $689,500 381
      $725,000 – $729,999 2 $1,458,000 $729,000 $729,000 374
      $745,000 – $749,999 2 $1,494,900 $747,450 $747,450 602
      $750,000 – $754,999 2 $1,500,000 $750,000 $750,000 605
      $765,000 – $769,999 1 $769,950 $769,950 $769,950 361
      $775,000 – $779,999 2 $1,550,000 $775,000 $775,000 160
      $795,000 – $799,999 2 $1,598,900 $799,450 $799,450 155
      $800,000 – $804,999 1 $800,000 $800,000 $800,000 42
      $825,000 – $829,999 1 $825,000 $825,000 $825,000 98
      $840,000 – $844,999 1 $840,000 $840,000 $840,000 39
      $845,000 – $849,999 2 $1,694,000 $847,000 $847,000 369
      $850,000 – $854,999 1 $850,000 $850,000 $850,000 15
      $895,000 – $899,999 3 $2,689,000 $896,333 $895,000 312
      $925,000 – $929,999 1 $925,000 $925,000 $925,000 131
      $975,000 – $979,999 1 $979,000 $979,000 $979,000 11
      $995,000 – $999,999 1 $995,000 $995,000 $995,000 142
      $1,085,000 – $1,089,999 1 $1,088,000 $1,088,000 $1,088,000 345
      $1,095,000 – $1,099,999 1 $1,095,000 $1,095,000 $1,095,000 903
      $1,100,000 – $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 121
      $1,150,000 – $1,154,999 2 $2,300,000 $1,150,000 $1,150,000 294
      $1,190,000 – $1,194,999 1 $1,190,000 $1,190,000 $1,190,000 129
      $1,195,000 – $1,199,999 3 $3,589,000 $1,196,333 $1,195,000 647
      $1,200,000 – $1,204,999 2 $2,400,000 $1,200,000 $1,200,000 646
      $1,250,000 – $1,254,999 1 $1,250,000 $1,250,000 $1,250,000 454
      $1,275,000 – $1,279,999 1 $1,275,000 $1,275,000 $1,275,000 407
      $1,295,000 – $1,299,999 1 $1,295,000 $1,295,000 $1,295,000 713
      $1,300,000 – $1,304,999 1 $1,300,000 $1,300,000 $1,300,000 200
      $1,350,000 – $1,354,999 4 $5,400,000 $1,350,000 $1,350,000 38
      $1,375,000 – $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 346
      $1,390,000 – $1,394,999 1 $1,390,000 $1,390,000 $1,390,000 258
      $1,395,000 – $1,399,999 1 $1,399,000 $1,399,000 $1,399,000 594
      $1,400,000 – $1,404,999 1 $1,400,000 $1,400,000 $1,400,000 250
      $1,445,000 – $1,449,999 1 $1,445,000 $1,445,000 $1,445,000 39
      $1,500,000 – $1,504,999 1 $1,500,000 $1,500,000 $1,500,000 881
      $1,695,000 – $1,699,999 3 $5,085,000 $1,695,000 $1,695,000 148
      $1,750,000 – $1,754,999 1 $1,750,000 $1,750,000 $1,750,000 249
      $1,775,000 – $1,779,999 1 $1,775,000 $1,775,000 $1,775,000 451
      $1,785,000 – $1,789,999 2 $3,570,000 $1,785,000 $1,785,000 83
      $1,850,000 – $1,854,999 1 $1,850,000 $1,850,000 $1,850,000 217
      $1,890,000 – $1,894,999 1 $1,890,000 $1,890,000 $1,890,000 15
      $1,950,000 – $1,954,999 2 $3,900,000 $1,950,000 $1,950,000 68
      $1,975,000 – $1,979,999 1 $1,975,000 $1,975,000 $1,975,000 635
      $1,995,000 – $1,999,999 4 $7,984,000 $1,996,000 $1,995,000 308
      $2,095,000 – $2,099,999 1 $2,095,000 $2,095,000 $2,095,000 490
      $2,100,000 – $2,104,999 1 $2,100,000 $2,100,000 $2,100,000 797
      $2,190,000 – $2,194,999 1 $2,190,000 $2,190,000 $2,190,000 405
      $2,245,000 – $2,249,999 1 $2,245,000 $2,245,000 $2,245,000 54
      $2,295,000 – $2,299,999 1 $2,295,000 $2,295,000 $2,295,000 372
      $2,300,000 – $2,304,999 2 $4,600,000 $2,300,000 $2,300,000 288
      $2,400,000 – $2,404,999 1 $2,400,000 $2,400,000 $2,400,000 1082
      $2,455,000 – $2,459,999 1 $2,459,000 $2,459,000 $2,459,000 405
      $2,495,000 – $2,499,999 2 $4,994,000 $2,497,000 $2,497,000 788
      $2,550,000 – $2,554,999 1 $2,550,000 $2,550,000 $2,550,000 90
      $2,595,000 – $2,599,999 2 $5,190,000 $2,595,000 $2,595,000 406
      $2,625,000 – $2,629,999 1 $2,625,000 $2,625,000 $2,625,000 224
      $2,795,000 – $2,799,999 1 $2,795,000 $2,795,000 $2,795,000 118
      $2,900,000 – $2,904,999 1 $2,900,000 $2,900,000 $2,900,000 122
      $2,925,000 – $2,929,999 1 $2,925,000 $2,925,000 $2,925,000 58
      $3,300,000 – $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 15
      $3,495,000 – $3,499,999 1 $3,495,000 $3,495,000 $3,495,000 454
      $3,800,000 – $3,804,999 1 $3,800,000 $3,800,000 $3,800,000 707
      $3,950,000 – $3,954,999 1 $3,950,000 $3,950,000 $3,950,000 191
      $3,995,000 – $3,999,999 2 $7,994,000 $3,997,000 $3,997,000 247
      $4,600,000 – $4,604,999 1 $4,600,000 $4,600,000 $4,600,000 437
      Sub Total 115 $165,296,450 $1,437,360 $1,199,000 288
New                
  RESIDENTIAL              
    Residential            
      $595,000 – $599,999 1 $599,000 $599,000 $599,000 5
      $655,000 – $659,999 1 $659,000 $659,000 $659,000 1
      $1,195,000 – $1,199,999 1 $1,195,000 $1,195,000 $1,195,000 3
      $1,950,000 – $1,954,999 1 $1,950,000 $1,950,000 $1,950,000 4
      Sub Total 4 $4,403,000 $1,100,750 $927,000 3
Back On Market                
  RESIDENTIAL              
    Residential            
      $295,000 – $299,999 1 $295,000 $295,000 $295,000 178
      $1,060,000 – $1,064,999 1 $1,064,000 $1,064,000 $1,064,000 51
      Sub Total 2 $1,359,000 $679,500 $679,500 115
Price Reduced                
  RESIDENTIAL              
    Residential            
      $510,000 – $514,999 1 $510,000 $510,000 $510,000 59
      $545,000 – $549,999 1 $549,000 $549,000 $549,000 26
      $570,000 – $574,999 1 $573,500 $573,500 $573,500 94
      $795,000 – $799,999 1 $799,000 $799,000 $799,000 289
      $1,585,000 – $1,589,999 1 $1,585,000 $1,585,000 $1,585,000 39
      Sub Total 5 $4,016,500 $803,300 $573,500 101
Active/Pending-Call                
  RESIDENTIAL              
    Residential            
      $355,000 – $359,999 1 $355,000 $355,000 $355,000 147
      $675,000 – $679,999 1 $675,000 $675,000 $675,000 389
      $710,000 – $714,999 1 $711,550 $711,550 $711,550 28
      $745,000 – $749,999 1 $745,000 $745,000 $745,000 105
      $1,470,000 – $1,474,999 1 $1,470,000 $1,470,000 $1,470,000 28
      $3,990,000 – $3,994,999 1 $3,990,000 $3,990,000 $3,990,000 1017
      $3,995,000 – $3,999,999 1 $3,995,000 $3,995,000 $3,995,000 155
      Sub Total 7 $11,941,550 $1,705,936 $745,000 267
Active/Pending-Loan                
  RESIDENTIAL              
    Residential            
      $265,000 – $269,999 1 $269,900 $269,900 $269,900 36
      $355,000 – $359,999 1 $356,400 $356,400 $356,400 36
      $1,100,000 – $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 61
      $3,500,000 – $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 387
      Sub Total 4 $5,226,300 $1,306,575 $728,200 130
Active/Pending-Short Sale                
  RESIDENTIAL              
    Residential            
      $550,000 – $554,999 1 $550,000 $550,000 $550,000 300
      $555,000 – $559,999 1 $559,000 $559,000 $559,000 620
      $595,000 – $599,999 1 $599,000 $599,000 $599,000 153
      $650,000 – $654,999 1 $650,000 $650,000 $650,000 402
      $765,000 – $769,999 1 $765,000 $765,000 $765,000 217
      $1,695,000 – $1,699,999 1 $1,695,000 $1,695,000 $1,695,000 90
      $3,500,000 – $3,504,999 1 $3,500,000 $3,500,000 $3,500,000 74
      Sub Total 7 $8,318,000 $1,188,286 $650,000 265
SOLD                
  RESIDENTIAL              
    Residential            
      $180,000 – $184,999 1 $181,900 $181,900 $181,900 34
      $220,000 – $224,999 1 $220,221 $220,221 $220,221 47
      $250,000 – $254,999 1 $250,000 $250,000 $250,000 93
      $280,000 – $284,999 1 $280,000 $280,000 $280,000 199
      $285,000 – $289,999 1 $289,900 $289,900 $289,900 92
      $290,000 – $294,999 1 $292,000 $292,000 $292,000 41
      $300,000 – $304,999 2 $601,000 $300,500 $300,500 196
      $325,000 – $329,999 2 $656,500 $328,250 $328,250 79
      $335,000 – $339,999 1 $335,000 $335,000 $335,000 420
      $350,000 – $354,999 1 $350,000 $350,000 $350,000 134
      $355,000 – $359,999 2 $715,910 $357,955 $357,955 154
      $375,000 – $379,999 2 $753,000 $376,500 $376,500 100
      $380,000 – $384,999 2 $762,500 $381,250 $381,250 170
      $395,000 – $399,999 1 $399,000 $399,000 $399,000 41
      $415,000 – $419,999 1 $415,000 $415,000 $415,000 255
      $435,000 – $439,999 1 $439,000 $439,000 $439,000 131
      $450,000 – $454,999 2 $900,000 $450,000 $450,000 60
      $455,000 – $459,999 1 $455,000 $455,000 $455,000 247
      $485,000 – $489,999 2 $973,000 $486,500 $486,500 342
      $500,000 – $504,999 1 $500,000 $500,000 $500,000 49
      $510,000 – $514,999 1 $510,000 $510,000 $510,000 551
      $515,000 – $519,999 1 $515,000 $515,000 $515,000 74
      $520,000 – $524,999 1 $520,000 $520,000 $520,000 50
      $540,000 – $544,999 1 $542,000 $542,000 $542,000 137
      $545,000 – $549,999 2 $1,090,000 $545,000 $545,000 63
      $550,000 – $554,999 2 $1,100,000 $550,000 $550,000 63
      $575,000 – $579,999 1 $575,000 $575,000 $575,000 86
      $600,000 – $604,999 2 $1,204,900 $602,450 $602,450 60
      $625,000 – $629,999 1 $629,000 $629,000 $629,000 79
      $630,000 – $634,999 1 $630,000 $630,000 $630,000 349
      $705,000 – $709,999 1 $705,999 $705,999 $705,999 202
      $715,000 – $719,999 1 $715,000 $715,000 $715,000 102
      $770,000 – $774,999 1 $770,000 $770,000 $770,000 97
      $780,000 – $784,999 1 $781,000 $781,000 $781,000 100
      $810,000 – $814,999 1 $810,000 $810,000 $810,000 121
      $890,000 – $894,999 1 $890,000 $890,000 $890,000 477
      $950,000 – $954,999 1 $950,000 $950,000 $950,000 40
      $1,100,000 – $1,104,999 1 $1,100,000 $1,100,000 $1,100,000 53
      $1,265,000 – $1,269,999 1 $1,265,000 $1,265,000 $1,265,000 10
      $1,375,000 – $1,379,999 1 $1,375,000 $1,375,000 $1,375,000 35
      $1,625,000 – $1,629,999 1 $1,625,000 $1,625,000 $1,625,000 270
      $2,625,000 – $2,629,999 1 $2,625,000 $2,625,000 $2,625,000 652
      $2,750,000 – $2,754,999 1 $2,750,000 $2,750,000 $2,750,000 731
      $3,300,000 – $3,304,999 1 $3,300,000 $3,300,000 $3,300,000 94
      $4,200,000 – $4,204,999 1 $4,200,000 $4,200,000 $4,200,000 321
      $4,225,000 – $4,229,999 1 $4,225,000 $4,225,000 $4,225,000 634
      Sub Total 56 $45,171,830 $806,640 $512,500 172
                 
Grand Totals 200 $245,732,630 $1,228,663 $805,000 239

Comments

Got something to say?

Leave a Reply

Your email address will not be published. Required fields are marked *

*

* Copy this password:

* Type or paste password here:

713 Spam Comments Blocked so far by Spam Free Wordpress

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>